Consolidated group level sales of Rába Group reached HUF 24.5 billion in the first half of 2015. The EBITDA, rising by almost 14 percent and showing the efficiency of cash-flow generation, surpassed the figures of the base period in terms of sales efficiency and volume, and Rába's all other performance indicators also signal a profitable financial management in the first half of this year.

Export sales at Rába have started to increase in 2015 Q2 in spite of the volatile prospects of the key markets. In the Vehicle Business Unit sales of the chassis structures segment generated a double digit, 13-percent, growth, and in the second quarter the Axle and Component Units also boosted their sales. The operating profit in the first half of 2015 was HUF 1.15 billion to which the performance of the two biggest business units contributed. EBITDA exceeded HUF 2.3 billion and reached 9.4 percent on group level. In particular, the EBITDA-level of the Axle Unit showed a 13.5-percent efficiency, far exceeding the average of the industry.
In what is an important achievement Rába reached the lowest level of net loan in 2015 Q2 since restructuring the company. By profitable operation and a decline in working capital, Rába was able to lower its net borrowing to HUF 4.8 billion, which was considerably lower than the HUF 7.5 billion of a year ago and than the HUF 8.6 billion at the end of 2014.

"Striving to counteract the effects of volatile markets, Rába has been actively searching ways to further develop its operation. This year marks a turning point for the company: indebtedness has decreased at an unprecedented rate, which leaves us sufficient room to strengthen our position in the market. In the context of intesive business development we expand and modernize our capacities, we sign new deals with strategic partners, and we explore new markets.", emphasized István Pintér, Chairman-CEO of Rába Automotive Holding Plc.

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